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[By Neha Lodha and Vivek Kumar] Ms. Neha Lodha is a Team Lead and Mr. Vivek Kumar is a Research Fellow at the Vidhi Centre for Legal Policy. Introduction In February 2026, the Reserve Bank of India (“RBI”) issued the Draft Amendment Directions for ‘Advertising, Marketing and Sales of Financial Products and Services by Regulated Entities’ (“Directions”) covering various aspects relating to marketing and sale of financial products…
[By Aviral Singhai and Shubham Sharma] The authors are students of National Law Institute and University Bhopal Introduction A foreign company can earn significant revenue from Indian users without adhering to the traditional notion of a fixed place. AppleTV, a service distinct from Apple Inc., can collect subscription fees from Indian viewers, Supercell can earn revenue from Indian gamers, and platforms such as Twitch or OnlyFans can generate…
[By Nalin Arora & Sofia Dash] The authors are students of Jindal Global Law School. Introduction During the COVID-19 pandemic, the Indian Government had introduced the Press Note No. 3 (2020 Series) (“PN3”) on April 17, 2020 to safeguard Indian companies from opportunistic takeovers/acquisitions. This was enforced through amendments to Rule-6(a) of the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019 (“NDI Rules”). The amended Rule-6(a) mandated government approval…
[By Shivam Tiwari] The author is a student of Gujarat National Law University, Gandhinagar. Introduction Once a patentable drug compound is produced through an artificial intelligence system on its own, the conventional concepts of ownership and value creation begin to collapse. An example may be a cross-border structure in which the Indian research and development subsidiary offers data curation services to its Luxembourg parent on a cost-plus…
[By Arunav Kapur and Jacob Eldho Kalarikkal] The authors are students of Rajiv Gandhi National University of Law, Punjab Introduction In the era of ever-increasing need for expeditious travel and prioritization of convenience, the aviation industry plays a major role in providing swift and accessible transportation. The aviation industry of India recently made history with over 5,00,000 travelling passengers accounted for in a single day. Yet, paradoxically, the…
[By Sharad Dhruw] The author is a student of Hidayatullah National Law University, Naya Raipur Introduction In recent years, a significant evolution in the regulatory framework governing related party transactions (RPTs) under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 has taken place. This evolution reflects the SEBI’s transition from a regime that was primarily form-based to that of substance-driven and focused on economic scrutiny of disputed…
[By Aditya Bhargava] The Author is a student of National Law School of India University, Bengaluru Introduction The Competition Act, 2002 (“the Act”) was enacted to ensure fair competition by prohibiting trade practices that have an appreciable adverse effect on competition (“AAEC”) in India. For this purpose, the Competition Commission of India (CCI or “the Commission”) was established and tasked with the duty to: (i) eliminate practices having…
[By Venna Siddharth Reddy] The author is a student of UPES School of Law, Dehradun In the high-stakes arena of real estate litigation, the choice of forum is rarely just procedural; it is a decisive strategic manoeuvre. Developers, seeking to enforce the rigid timelines and expeditious disposal mechanisms of the Commercial Courts Act, 2015, invariably attempt to shoehorn disputes into the “Commercial Division.” Similarly, landowners typically retreat…